Which of the following accounts is a permanent account?
A) Supplies
B) Owner's drawing
C) Supplies Expense
D) Fees Income
Correct Answer:
Verified
Q36: Which of the following statements is not
Q37: The entry to close the Depreciation Expense
Q38: The revenue account Fees Income is closed
Q39: The entry to close the owner's drawing
Q40: Which of the following entries records the
Q42: During the closing process, Accumulated Depreciation, Equipment
Q43: After the closing entries are posted to
Q44: All of the following accounts will appear
Q45: Which of the following accounts has a
Q46: Identify the accounts below that are ALL
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